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Sun 26 Jan 2020 04:44GMT

Latest Currency Headlines at SendMoney.org.uk

The latest FX market information, future forecasts, predictions, analysis and currency headlines from the leading FX professionals here at Send Money UK. Should you have a question on a currency exchange transaction you're looking to do in the near future, please use the contact us form to speak to a currency broker for assistance. Meet the team behind SendMoney news or contact them with any feedback

Sterling Jumps Again as Markets Focus on Central Bank Speculations and Developments Published: 24 Jan at 2 PM
Pound Sterling (GBP) Today’s UK PMI projections for January came in slightly stronger than expected, supporting bets that the Bank of England (BoE) would not cut UK interest rates next week. However, the data was not as strong as some investors hoped. As BoE uncertainty remains, the Pound slipped slightly today. The Pound’s movement...
Sterling Jumps Again as Markets Focus on Central Bank Speculations and Developments Published: 22 Jan at 1 PM
Pound Sterling (GBP) Following the Pound’s rebound on stronger than expected UK job stats yesterday, the Pound continued to advance today. Bank of England (BoE) interest rate cut speculation continued to soften as the day’s UK data from the Confederation of British Industry (CBI) also beat forecasts. No notable UK data will be...
Sterling Continues to Tumble as Hard Brexit Remains Major Possibility in Market Outlook Published: 18 Dec at 4 PM
Pound Sterling (GBP) Investors continued to sell the Pound today following Tuesday’s plummet. Markets remained anxious amid revived hard Brexit fears and expectations for a 2020 filled with ongoing Brexit uncertainty. UK retail sales will be published tomorrow, but Brexit and Bank of England (BoE) will be more influential. The Pound’s...
Sterling (GBP) Rises Ahead Election Day Published: 11 Dec at 5 PM
Pound Sterling (GBP) Rises Ahead of UK Election On Wednesday, the Pound (GBP) edged higher against a handful of currencies as traders continued to remain optimistic that the Conservative Party would secure a majority in Thursday’s election. However, a key opinion poll from YouGov revealed the Tories’ lead narrowed, with the party...
Sterling (GBP) Buoyed by UK Election Optimism Published: 4 Dec at 3 PM
UK Election Optimism Buoys Pound Sterling (GBP) The Pound (GBP) received an upswing of support on Wednesday as confidence the Conservatives would secure a win in next week’s election increased. In YouGov’s latest poll Boris Johnson’s party boasted a nine-point lead against Jeremy Corbyn’s Labour which offset weak UK services...
US Dollar (USD) Suffers as Safe-Haven Demand Dwindles Published: 2 Dec at 5 PM
Pound Sterling (GBP) The Pound (GBP) fell against many of its competitors today after the UK Markit manufacturing PMI fell for its seventh month in a row, leaving Sterling investors feeling increasingly jittery over the health of the British economy. UK political developments also remained in focus, with markets becoming increasingly...
Euro to US Dollar Exchange Rate Surges on Latest Signs of US Economic Slowdown Published: 2 Dec at 4 PM
Could the Euro to US Dollar (EUR/USD) exchanged rate be starting December off on a bullish note? After weeks of mixed or poor performance in November, the pair saw a surge in demand on Monday as investors digested the latest Eurozone and US ecostats. It follows last week’s session, in which EUR/USD struggled for direction, opening the...
Stronger Eurozone Inflation Fails to Boost Euro Amid Focus on Politics and Global Trade Published: 29 Nov at 4 PM
Pound Sterling (GBP) The Pound’s movement steadied towards the end of the week. While markets bet the Conservative Party will win next month’s UK General Election, these bets have been largely priced into the Pound and as a result further gains for the currency are limited. Britain’s final November manufacturing PMI will be...
New Zealand Dollar (NZD) Rallies as Hawkish RBNZ Leaves Rates Unchanged Published: 13 Nov at 5 PM
UK Election Optimism Continues to Buoy Sterling (GBP) The Pound (GBP) remained largely stable today despite further disappointing data, with inflation slumping to a three year low and increasing the chances the Bank of England’s (BoE) next move is a cut. This came after Tuesday’s data revealed that the number of people out of work...
Sterling (GBP) Jumps as UK Avoids Recession Published: 11 Nov at 5 PM
Pound Sterling (GBP) Rises as UK Escapes Recession The Pound (GBP) rose against a handful of currencies on Monday as data revealed the UK had escaped falling into recession during the third quarter of 2019. Sterling rallied despite the data showing the country saw the weakest annual growth since 2010 when the UK clawed its way out of...

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